January 10, 2014
We...
Go!: Humana Informs Shareholders That It Will Likely Make Less Money Due to "Adverse" Mix of Healthy and Unhealthy Obamacare Enrollees
— Ace It begins.
[I]n a filing with the Securities and Exchange Commission, Humana disclosed to investors, "as a result of the December 2013 federal and state regulatory changes allowing certain individuals to remain in their previously existing off-exchange health plans, the Company now expects the risk mix of members enrolling through the health insurance exchanges to be more adverse than previously expected."The regulatory change Humana is referring to is the "administrative fix" announced by the Obama administration aimed at allowing individuals to remain enrolled in their current plans, which had been cancelled as a result of requirements imposed by the law. Obama announced the "fix" after a storm of criticism over his broken promise that anybody who liked their plan could keep it. Insurers had been depending on those with cancelled plans (who tend to be healthier) to end up obtaining insurance through exchanges.
Meanwhile, Blue Cross Blue Shield wrote a talking points lobbying memo warning that if Republicans succeed in ending the "risk corridor" bailouts to the insurance industry (which will be massive, due to the "adverse" mix of health and unhealthy enrollees), the result will be the bankrupting of the system -- and the coming of single-payer.
They're saying this to spook us so that we will agree to pay them off and make them whole over the corrupt, and now unprofitable, bargain they struck with Obama.
I say we roll the dice.
Posted by: Ace at
01:03 PM
| Comments (318)
Post contains 283 words, total size 2 kb.
Posted by: Barack Hussein Obama at January 10, 2014 01:04 PM (pltB/)
Posted by: sunny-dee at January 10, 2014 01:05 PM (EBoCD)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:06 PM (naUcP)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:06 PM (PYAXX)
Posted by: EC at January 10, 2014 01:06 PM (doBIb)
Posted by: Kreplach at January 10, 2014 01:06 PM (5TFvk)
Posted by: Truck Monkey at January 10, 2014 01:06 PM (32Ze2)
Fuck you Big Insurance you sucked his Reggie Pusher and he screwed the pooch.
The GOP can go around you and create a federal catastrophic and regress towards a stipend and reintroduce market fucking dynamics you asshats.
Posted by: Sven 10077 at January 10, 2014 01:07 PM (TE35l)
Posted by: seems legit at January 10, 2014 01:08 PM (A98Xu)
Posted by: Blacque Jacques Shellacque at January 10, 2014 01:08 PM (G5cc0)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:09 PM (PYAXX)
Fuck the insurers. They bent over for O-care, expecting to reap a windfall. Now let them reap the whirlwind. O was slick after the Hillarycare failure. They knew they had to get the insurance co's on board from the get-go, and the risk corridors and other (promised) goodies were how they did it. Had the insurers been opposed, it wouldn't have passed.
So, to hell with them.
Posted by: publius(NotBreitbartPublius) at January 10, 2014 01:09 PM (M5Os+)
"How would single payer work?"
It wouldn't that's the point. The guy running the ACA like a submarine would be the creative genius behind the plan.
I hate these assholes, they won't even be honest and say "this means HE fucked up" they couch it in bad mix and such.
If Obamacare is so great why do you need to compel people by force of law and have these bailouts?
Posted by: Sven 10077 at January 10, 2014 01:09 PM (TE35l)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:09 PM (IXrOn)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 01:10 PM (GaqMa)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:10 PM (PYAXX)
Posted by: superflex at January 10, 2014 01:10 PM (4a/4i)
This has been the intent all along. And the big insurance companies can kiss my rosy red ass. They climbed into bed with the Dems on this POS. Hell, their lobbyists even helped write the damn law. They deserve every screwing they get.
Posted by: Vic[/i] at January 10, 2014 01:11 PM (T2V/1)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:11 PM (IXrOn)
Lets get to slitting boys!
Posted by: Emperor Norton II at January 10, 2014 01:11 PM (MlqTY)
Posted by: EC at January 10, 2014 01:12 PM (doBIb)
Posted by: Joffen, fucking sunshine patriot at January 10, 2014 01:12 PM (CofEF)
Posted by: Grampa Jimbo at January 10, 2014 01:12 PM (V70Uh)
Posted by: [/i]andycanuck[/b] at January 10, 2014 01:12 PM (PK+r9)
Hey Vic, remember when we were crazy for saying it was a "single payer gambit" that "would not work and necessitate bailouts?"
Yeah good times, good times.
Posted by: Sven 10077 at January 10, 2014 01:12 PM (TE35l)
Posted by: AMDG at January 10, 2014 01:13 PM (t7OO0)
Posted by: Lauren at January 10, 2014 01:13 PM (hFL/3)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:13 PM (PYAXX)
Posted by: Regular Moron [/i] at January 10, 2014 01:14 PM (3B0GZ)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:14 PM (IXrOn)
They don't care...sorta.
Look they are saying this because Obama wants them to. What this is saying is "HELP!" They do not control what happens afterwards and arguably down the pike it helps us.
It's a threat, and fuck them.
Posted by: Sven 10077 at January 10, 2014 01:14 PM (TE35l)
Posted by: EC at January 10, 2014 05:12 PM (doBIb)
though true, I'd rather stick my dick into Maddow instead of Adrianne Jefferies
http://bit.ly/Kb0j71
Posted by: The Dude at January 10, 2014 01:15 PM (vJdyz)
-----
hahahahaha.....
At first I though Ace was talking about Huma Weiner
Posted by: fixerupper at January 10, 2014 01:15 PM (nELVU)
Posted by: sunny-dee at January 10, 2014 01:15 PM (EBoCD)
Posted by: Sven 10077 at January 10, 2014 05:12 PM (TE35l)
Hell, the dems have already openly admitted the intent was single payer all along. That got short airplay at Fox and nowhere else at all.
And once they get single payer they will go ahead and nationalize the entire system because if the government pays for everything then the government needs all the infrastructure too.
Posted by: Vic[/i] at January 10, 2014 01:15 PM (T2V/1)
Posted by: EC at January 10, 2014 01:15 PM (doBIb)
Posted by: Mitch McConnell at January 10, 2014 01:15 PM (Pr6hk)
Posted by: Brandon In Baton Rouge at January 10, 2014 01:15 PM (/Crba)
And so. Do you really expect any of the insurance companies, their agents and their trade organizations to donate campaign dollars to anyone but Democrats and Establishment Republicans?
Posted by: John P. Squibob at January 10, 2014 01:16 PM (kqqGm)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:16 PM (PYAXX)
Posted by: Rope & Twine Inc. [/i] [/b] at January 10, 2014 01:17 PM (tlwVg)
Posted by: John Boehner at January 10, 2014 01:17 PM (iO3BG)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:17 PM (IXrOn)
It is simple math and human nature for God's sake.
Poppin' Fresh would get angry if you got the least bit heated and attacked Obama and company for foisting this mess.
It is a bomb, was designed as a bomb, and is detonating as a bomb.
They hope to blow us to single payer, I HOPE people reject that and we regress to market economics in the field.
Posted by: Sven 10077 at January 10, 2014 01:18 PM (TE35l)
how do they see it magically becoming single payer?
They Nationalize the insurance companies and hospitals. This will especially work in CA, where doctors cannot own hospitals.
I'm not saying is going to work. I'm just saying that what they'll do.
Posted by: John P. Squibob at January 10, 2014 01:18 PM (kqqGm)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:18 PM (PYAXX)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 01:18 PM (GaqMa)
Posted by: rickb223 at January 10, 2014 01:18 PM (lUXJH)
Posted by: JackStraw at January 10, 2014 01:19 PM (g1DWB)
Posted by: Jmel at January 10, 2014 01:19 PM (cfFqn)
Yep. And further along in their press release, we have this don't-know-whether-to-laugh-or-to-cry gem of an assertion:
"[Failure to have Big Insurance bailed out for their Obamacare losses] will close the door to pro-competitive health care reform alternatives."
Oh. Yeah. That's right.
Because if there is one single shining star of principle by which cozy cartelists like BCBS navigate, it's their being "pro-competition". You can take that to the bank.
Posted by: torquewrench at January 10, 2014 01:19 PM (gqT4g)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 01:19 PM (GaqMa)
Posted by: Truck Monkey at January 10, 2014 01:20 PM (32Ze2)
Posted by: John Boehner at January 10, 2014 01:20 PM (iO3BG)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:20 PM (PYAXX)
Posted by: JEM at January 10, 2014 01:20 PM (o+SC1)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:21 PM (IXrOn)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:21 PM (naUcP)
Posted by: Hawaii at January 10, 2014 01:22 PM (RJMhd)
Posted by: Truck Monkey at January 10, 2014 01:22 PM (32Ze2)
Posted by: JEM at January 10, 2014 01:22 PM (o+SC1)
Posted by: tsrblke, PhD(c) No Really! at January 10, 2014 01:22 PM (GaqMa)
Posted by: rickb223 at January 10, 2014 01:22 PM (lUXJH)
Posted by: Adam Smith's Invisible Pimp Hand at January 10, 2014 01:22 PM (WdbF7)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:22 PM (DhGW2)
Posted by: Hurricane LaFawnduh at January 10, 2014 01:23 PM (pginn)
Posted by: Kreplach at January 10, 2014 01:23 PM (5TFvk)
Posted by: AMDG at January 10, 2014 01:23 PM (t7OO0)
Posted by: Bevel Lemelisk at January 10, 2014 01:23 PM (iO3BG)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:24 PM (PYAXX)
Posted by: --- at January 10, 2014 01:24 PM (MMC8r)
Posted by: Paul Vario at January 10, 2014 01:24 PM (/Crba)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:24 PM (DhGW2)
Those of you who can pay cash for your operations will be allowed to do so if you fly to other counties.
As for the rest of you... the first time you get sick when you are over the age of 50, you'll be sent to one of our "specialists" who will remove all of your usable organs, which will them be transplanted into members of the Party who need them. Your families will receive a $2500 death benefit.
The sooner everyone accepts it the better.
/now let me eat my waffles and play some golf!
Posted by: The Administration of King Barack Obama I at January 10, 2014 01:24 PM (25HWz)
Posted by: AMDG at January 10, 2014 01:24 PM (t7OO0)
Any Democrat opposing this is all but admitting that a bailout is likely/inevitable.
Posted by: tehdinj at January 10, 2014 01:25 PM (9qDRl)
Posted by: JEM at January 10, 2014 01:25 PM (o+SC1)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:25 PM (IXrOn)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 01:26 PM (8ifMA)
Posted by: Truck Monkey, Indused with Liberal Logic at January 10, 2014 01:26 PM (32Ze2)
Just hold it together for three more years and I can leave the country.
Is that asking too much?
Posted by: Doggie Bowser at January 10, 2014 01:26 PM (SRaf2)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:27 PM (IXrOn)
Posted by: JackStraw at January 10, 2014 01:27 PM (g1DWB)
Corporations need to *fear* cooperating with Democrats. As long as they see the Republicans as a reliable friend, they won't take any risks to win our support.
Posted by: Emperor of Icecream at January 10, 2014 01:28 PM (ZMzpb)
Posted by: rickb223
They won't all 'go out of business.' A handful of the biggest with the greatest of economies of scale will become the government vendors and administrators. That's why the big co's were willing to go along because even if this system defaulted to GovMed, they're the only companies that could bid for the contracts.
Posted by: weft cut-loop [/i] [/b] at January 10, 2014 01:28 PM (tlwVg)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 01:28 PM (IXrOn)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:28 PM (naUcP)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:28 PM (DhGW2)
This is insane, Obama is a fascist and the insurance companies need demonized...BY US.
The media is bewildered the conservatives waved at Christie during their little flogging...
Posted by: Sven 10077 at January 10, 2014 01:28 PM (TE35l)
Posted by: JackStraw at January 10, 2014 05:27 PM (g1DWB)
----
"all.of.it" get's my vote....
Posted by: fixerupper at January 10, 2014 01:29 PM (nELVU)
we're well beyond that now, approaching Cuban Health Care System territory. Everyone works for the government, everything is free.
Posted by: Raul P. Clifford Jr. at January 10, 2014 01:29 PM (SRaf2)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 05:11 PM (IXrOn)
I'm guessing they're betting the media can sell the idea to the public, where single-payer (never ever 'socialized medicine') will be portrayed as THE workable solution to the mess the Republicans forced us into.
Yes, I know the logic is impossible but reason has no place in any of this. Because I'm a cynic and because I never underestimate the greed of the Free Shit Army, I give them a 50-50 chance at pulling it off.
Posted by: troyriser at January 10, 2014 01:29 PM (gNlvW)
Posted by: JackStraw at January 10, 2014 05:27 PM (g1DWB)
______________________
Listen...... Anyone else hear that giant sucking sound?
Posted by: Truck Monkey at January 10, 2014 01:29 PM (32Ze2)
Posted by: Emperor of Icecream at January 10, 2014 01:29 PM (ZMzpb)
I can hardly wait.
Posted by: Mallfly at January 10, 2014 01:30 PM (bJm7W)
Posted by: rickb223 at January 10, 2014 01:30 PM (lUXJH)
Posted by: Hawaii at January 10, 2014 01:30 PM (RJMhd)
This should serve as a lesson to businesses everywhere: don't get in bed with the government.
Whether run by Dems or GOP, governent and business do not mix.
Posted by: Joffen, fucking sunshine patriot at January 10, 2014 01:30 PM (CofEF)
Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:30 PM (PYAXX)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:30 PM (DhGW2)
Posted by: Blacque Jacques Shellacque at January 10, 2014 01:31 PM (G5cc0)
Without a doubt, and you know who made that argument for them for YEARS?
Not the party of the guy whose dick they were engorging...
They betrayed us because they THOUGHT they were gonna be GSEs like Fannie and Freddie...
time for them to pay the piper.
Posted by: Sven 10077 at January 10, 2014 01:31 PM (TE35l)
Posted by: WalrusRex at January 10, 2014 01:31 PM (XUKZU)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:31 PM (DhGW2)
Posted by: Sean Bannion[/i][/s][/u][/b] at January 10, 2014 01:32 PM (yz6yg)
What I mean to say is it takes the progeny of a dark person 10,000 years in a northern climate for the skin to lighten.
Fat chance getting reproduction to work for blacks in Norway without Vitamin D supplements.
Posted by: Grampa Jimbo at January 10, 2014 01:33 PM (V70Uh)
You know what?
The best thing for Conservatism to once again be political relevant might be to sit back and allow Single Payer.
Only then will voters see an alternative to the status quo.
Posted by: soothsayer at January 10, 2014 01:34 PM (gYIst)
When I want to know how to get my car fixed I go to a mechanic.
When I want my vitals checked I go to a doctor.
When I need a contract written up I hire a lawyer.
To run a newly centralized healthcare system for 300,000,000 people in a dynamic environment starting from zero as a slight reform to market dynamics?
I hire Barack Obama a guy who has never even ran a lemonade stand.
Posted by: Sven 10077 at January 10, 2014 01:34 PM (TE35l)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:34 PM (DhGW2)
Posted by: MJ at January 10, 2014 01:35 PM (PRPp1)
Fat chance getting reproduction to work for blacks in Norway without Vitamin D supplements.
-
Evolution depends on death to make it work, much like socialism.
Posted by: WalrusRex at January 10, 2014 01:35 PM (XUKZU)
And it's free, so who cares if it's shitty? It's FREE!
Posted by: HR at January 10, 2014 01:35 PM (ZKzrr)
Posted by: Bitter Clinger and All That (Unexpurgated Edition) at January 10, 2014 01:35 PM (LSDdO)
Nasty nosy suspicious person that I am, I always want to know who is paying the bills for big expensive media campaigns. To which the response usually is a variant of "Pay no attention to the man behind the curtain."
It transpires that The California Endowment goes back to the middle 1990s. When Blue Cross Blue Shield, which are nominally nonprofits, spun out a for-profit subsidiary, Wellpoint Health Networks.
Then a chorus of voices started asking, wait a minute, how the fuck does _that_ work, and can you really have a for-profit subsidiary under the umbrella of a nonprofit parent, and should we be looking at revocation of the comfy nonprofit status which BCBS enjoy?
Then the BCBS executives panicked and said, "Shit, we'll pay off whomever we must, just please stop asking all these pointed questions we don't like having to answer. Who do we write the check to?"
So, the payoff was TCE, The California Endowment, which would pour money into health care causes beloved of the institutional left, in exchange for buying the left's silence about BCBS's "nonprofit" status.
Note that this was in the aftermath of Hillarycare flaming out in the middle 1990s. But the left don't ever retreat from long range strategic goals, and they viewed stuff like TCE as a vehicle for the eventual return of Hillarycare under a new label. Which is what happened. And TCE eally stepped up its agitprop game when Obamacare came down the pike.
Yep. You read that right. BCBS have been central players from the very beginning in creating the Obamacare fustercluck, in funding the media bullshit to promote Obamacare, and now BCBS are insisting that the rest of us insulate them financially from the consequences of their own self-serving decisions.
Posted by: torquewrench at January 10, 2014 01:35 PM (gqT4g)
Posted by: Joffen, fucking sunshine patriot at January 10, 2014 01:35 PM (CofEF)
Posted by: The Sinister Guy Who Says "Finish Them" at January 10, 2014 01:36 PM (8ZskC)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:36 PM (DhGW2)
Posted by: hello, it's me also a creep-assed cracka.. at January 10, 2014 01:36 PM (9+ccr)
Posted by: soothsayer at January 10, 2014 05:31 PM (gYIst)
You say that like it is a bad thing.
Posted by: Zombie Benito Mussolini at January 10, 2014 01:36 PM (gNlvW)
Posted by: Bauric Goldfinger at January 10, 2014 01:36 PM (8ZskC)
I hire Barack Obama a guy who has never even ran a lemonade stand.
-
If life hands you nothing but lemons, make socialist lemonade.
Posted by: Barky the Capitalist at January 10, 2014 01:36 PM (XUKZU)
Posted by: Joffen, fucking sunshine patriot at January 10, 2014 05:35 PM (CofEF)
_______________________
It has made people long for me!
Posted by: SMOD at January 10, 2014 01:37 PM (32Ze2)
Posted by: dogfish at January 10, 2014 01:37 PM (nsOJa)
Posted by: soothsayer at January 10, 2014 05:34 PM (gYIst)
----
♪ Let it burn
Let it burn.
Let it burn.
Whisper words of widsom.
Let it burn.♫
Posted by: fixeruppr at January 10, 2014 01:37 PM (nELVU)
Posted by: Seamus Muldoon at January 10, 2014 01:38 PM (g4TxM)
Posted by: Ohiogal at January 10, 2014 01:38 PM (kLgFt)
Posted by: --- at January 10, 2014 01:38 PM (MMC8r)
Posted by: rickb223 at January 10, 2014 01:38 PM (lUXJH)
Posted by: 7 Days in May at January 10, 2014 01:38 PM (j6DTo)
We should have let the bad banks fail and we certainly as hell should let the stupid insurers fail.
You tell me that letting them fail will decrease competition? Bull shit. Competition means failure. If no one loses, there is no competition. Piles of rubble, let it burn.
Posted by: Emperor of Icecream at January 10, 2014 01:38 PM (ZMzpb)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:38 PM (DhGW2)
The smart ones already severed/isolated their health insurance business from the general insurance business.
Posted by: Purp[/i][/b][/s] at January 10, 2014 01:39 PM (guzmA)
Posted by: dogfish at January 10, 2014 01:39 PM (nsOJa)
Posted by: --- at January 10, 2014 01:39 PM (MMC8r)
Posted by: Dales at January 10, 2014 01:39 PM (ajeIF)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:39 PM (naUcP)
Posted by: hello, it's me also a creep-assed cracka.. at January 10, 2014 01:39 PM (9+ccr)
Posted by: fixeruppr at January 10, 2014 01:40 PM (nELVU)
Here's hoping he pivots to fucking golf.
Posted by: Sven 10077 at January 10, 2014 01:40 PM (TE35l)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:40 PM (DhGW2)
OT but did you see the hot 24 year old foster child of Willie Roberston that will make her debut on Duck Dynasty? Wowzer.
When I first watched a couple of episodes of DD I was eh but I've grown to enjoy it. I can see the appeal.
Posted by: polynikes at January 10, 2014 01:40 PM (m2CN7)
Bullshit. Why?
Posted by: dogfish at January 10, 2014 01:40 PM (nsOJa)
Posted by: Hawaii at January 10, 2014 01:41 PM (RJMhd)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:41 PM (DhGW2)
Posted by: MikeTheMoose Laughing Maniacally While Throwing Matches. at January 10, 2014 01:41 PM (0q2P7)
I feel for you, but the big boys fucked up and now we all gotta pay. Yes, they're taking down a lot of innocents with them, but it isn't worth it to keep your company alive if we have to keep the guilty alive too.
Roll the dice.
Posted by: Emperor of Icecream at January 10, 2014 01:42 PM (ZMzpb)
Posted by: Nancy Pelosi at January 10, 2014 01:42 PM (15Mpe)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:42 PM (DhGW2)
Posted by: Chi-Town Jerry at January 10, 2014 01:42 PM (f9c2L)
I must have missed the insurers buying ad time to plead the case against Obamacare and pointing out the troubles with O'Romneycare then/
I was pretty pissed off so maybe I was in a fugue state..
Posted by: Sven 10077 at January 10, 2014 01:42 PM (TE35l)
Posted by: MJ at January 10, 2014 01:42 PM (PRPp1)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:42 PM (DhGW2)
So, not only does he speak his mind about his well developed set of ethics, he actually lives them by providing a home for an otherwise disadvantaged child. Yeah, we should definitely destroy him.
Posted by: pep at January 10, 2014 01:43 PM (6TB1Z)
I don't think so. That scenario just leaves us living in a malaise.
Posted by: dogfish at January 10, 2014 01:43 PM (nsOJa)
Posted by: Ohiogal at January 10, 2014 01:43 PM (kLgFt)
Posted by: Baron Von Ottomatic at January 10, 2014 01:43 PM (kUgpq)
Posted by: Ohiogal
So were the smaller co's forbidden from creating their own industry group? Were they forbidden by law from lobbying on their own behalf?
More to the point, which ones openly protested the law?
Posted by: weft cut-loop [/i] [/b] at January 10, 2014 01:43 PM (tlwVg)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:43 PM (naUcP)
Posted by: hello, it's me also a creep-assed cracka.. at January 10, 2014 01:43 PM (9+ccr)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:44 PM (DhGW2)
Posted by: MikeTheMoose Laughing Maniacally While Throwing Matches. at January 10, 2014 01:44 PM (0q2P7)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:44 PM (naUcP)
Posted by: Hawaii at January 10, 2014 01:44 PM (RJMhd)
Any smart investor would have seen this coming. Well any smart conservative investor who knew Obamacare would result in this type of scenario.
Its part of the market. Other companies are losing money also but for different reasons. Investors are supposed to research these things. The market / investing is not a guarantee.
Posted by: polynikes at January 10, 2014 01:45 PM (m2CN7)
Posted by: Ohiogal at January 10, 2014 01:45 PM (kLgFt)
May BCBS burn.
I didn't know that. Providing it's true, and as a BCBS account holder, f*** 'em.
Posted by: pep at January 10, 2014 01:45 PM (6TB1Z)
Posted by: hello, it's me also a creep-assed cracka.. at January 10, 2014 01:45 PM (9+ccr)
Posted by: --- at January 10, 2014 01:45 PM (MMC8r)
Assault Politics Economics?
You're soaking in it...
//275,000 military members and rising
Posted by: Sven 10077 at January 10, 2014 01:45 PM (TE35l)
Posted by: Ohiogal at January 10, 2014 05:43 PM (kLgFt)
________________________
It is not that we want anything to burn, it is just that we are past the point of stopping it.
Posted by: Truck Monkey at January 10, 2014 01:45 PM (32Ze2)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:46 PM (DhGW2)
Posted by: hello, it's me also a creep-assed cracka.. at January 10, 2014 01:46 PM (9+ccr)
Posted by: Havedash at January 10, 2014 01:46 PM (G1XMn)
Posted by: Vendette at January 10, 2014 01:47 PM (HBIUw)
Last time I checked her industry's pet Chicago Me$$iah is devastating the Military and has pretty much wrecked the US economy...
yeah sympathy?
I'm plum out.
No bailouts without repeal.
Posted by: Sven 10077 at January 10, 2014 01:47 PM (TE35l)
Posted by: Chi-Town Jerry
Insert obligatory barbed pineapple joke here. That's right, insert.
Posted by: pep at January 10, 2014 01:47 PM (6TB1Z)
Posted by: naturalfake at January 10, 2014 01:47 PM (0cMkb)
Posted by: Dack Thrombosis at January 10, 2014 01:47 PM (oFCZn)
---
You know what "I" didn't deserve.
A fucking 4 person family plan that is within a couple of hundred dollars of my mortgage payment each month that - sort of - prevents me going bankrupt if I step in front of a bus.
Posted by: fixeruppr at January 10, 2014 01:48 PM (nELVU)
Posted by: phoenixgirl@phxazgrl at January 10, 2014 01:48 PM (tIepE)
• Tub Fun
Ummm....
-
My daughter and her family, including their new puppy, came to visit us just before Christmas. I usually get up first and it is my job to feed and water the dogs. So eventually my wife got up and there was water all over the floor. She accused me of spilling it or leaving the tap on etc. etc. Later she water our plants and we saw the new puppy jump into the standing water and splash it all over everywhere. So I was off the hook for making a mess.
Posted by: WalrusRex at January 10, 2014 01:48 PM (XUKZU)
BCBS and Humana decided the thing to do was take that kindling that the 2008 implosion had laying around and try to get a guaranty of profit for a taxpayer backed holiday.
They said "Let's pour gasoline on it and back the fuck out of the democrats."
Well no problem you burn us insurance industry we burn YOU.
Posted by: Sven 10077 at January 10, 2014 01:49 PM (TE35l)
No problem here. JackStraw is good people.
Posted by: pep at January 10, 2014 01:49 PM (6TB1Z)
They need to be taught to reject ANY jackassery.
Posted by: dogfish at January 10, 2014 01:49 PM (nsOJa)
Posted by: Fritz at January 10, 2014 01:49 PM (TKFmG)
Posted by: Hawaii at January 10, 2014 01:49 PM (RJMhd)
Posted by: Vendette at January 10, 2014 05:47 PM (HBIUw)
That's because at the present time, the United States is next door to provide treatment when necessary.
Posted by: polynikes at January 10, 2014 01:49 PM (m2CN7)
Posted by: Grampa Jimbo at January 10, 2014 05:12 PM (V70Uh)
Don't worry so much about the corporate books, watch what your states particular regulatory filing says. They adjust the GAAP books (SEC stuff) to take out things like prepaids (which can't be used to pay claims) and adjust the asset valuations and tax liabilities. GAAP say's company is a going concern, regulatory says company is bankrupt can it still pay out.
If your states regulatory filing looks good, you should be OK as a policy holder. Now if your an investor you have to weigh can the company as a whole survive the mix of good state pools and bad and return your investment. That's where shits going to get all retarded.
Posted by: allenlou at January 10, 2014 01:49 PM (ENxn8)
Posted by: Merovign, Dark Lord of the Sith[/i][/b][/s][/u] at January 10, 2014 01:50 PM (qyfb5)
If I was an insurance company selling life, health, car, home insurance, I would drop health right here and now. They think they are gonna get a bailout, but it will be temporary if they do, and they are gonna get boned hard at the end of this.
Posted by: Guy Mohawk at January 10, 2014 01:50 PM (n0DEs)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:50 PM (DhGW2)
Posted by: Thunderb at January 10, 2014 01:50 PM (zOTsN)
Posted by: Brother Cavil, still chilly at January 10, 2014 01:50 PM (naUcP)
Posted by: Hawaii at January 10, 2014 01:50 PM (RJMhd)
Yeah that shutdown sure is hurting us champ.
A LOT of us were right about this, the answer is not more of the same or rewarding the insurance companies without MAJOR concessions.
They laid down with donks they got up with fleas and a sore ass.
Posted by: Sven 10077 at January 10, 2014 01:50 PM (TE35l)
Posted by: Seamus Muldoon at January 10, 2014 01:50 PM (g4TxM)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 01:51 PM (8ifMA)
Posted by: MJ at January 10, 2014 01:51 PM (PRPp1)
Posted by: JackStraw at January 10, 2014 01:51 PM (g1DWB)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:51 PM (DhGW2)
Posted by: mrp at January 10, 2014 01:51 PM (HjPtV)
Posted by: Hawaii at January 10, 2014 01:51 PM (RJMhd)
http://bit.ly/1eL1XWM
-
Boy, I fined that hard to believe. OK, actually I don't.
Posted by: WalrusRex at January 10, 2014 01:51 PM (XUKZU)
How you doing?
//State Farm beginning the day after SCotUS deemed it a tax
Posted by: Sven 10077 at January 10, 2014 01:51 PM (TE35l)
199
I know people aren't going to be happy but JackStraw has been pretty prescient about all this shit.
I'm a Jackstraw fan but he may be right that single payer will not be able to be implemented but I still think he is wrong when he says that has not been the intention of the Left with Obamacare as the foot in the door.
Posted by: polynikes at January 10, 2014 01:52 PM (m2CN7)
I can be as paranoid as the next guy, but how exactly do you see such a thing getting past the house? Ain't gonna happen.
Posted by: pep at January 10, 2014 01:52 PM (6TB1Z)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:52 PM (DhGW2)
Posted by: Oh, the Humana-ty!! at January 10, 2014 01:52 PM (g4TxM)
Posted by: Brother Cavil, still chilly at January 10, 2014 05:50 PM (naUcP)
----
I know. **fistbump**
My ire was not directed your way.
Posted by: fixerupper at January 10, 2014 01:52 PM (nELVU)
There's no limit to the great results you can get if you're willing to flush billions of tax dollars down the toilet to get them.
Posted by: Cicero (@cicero) at January 10, 2014 01:52 PM (8ZskC)
Posted by: Merovign, Dark Lord of the Sith[/i][/b][/s][/u] at January 10, 2014 01:53 PM (qyfb5)
Posted by: Ann NY at January 10, 2014 01:53 PM (zjOlo)
Posted by: MJ at January 10, 2014 01:53 PM (PRPp1)
I'd settle for a cat o' nine tails.
Posted by: pep at January 10, 2014 01:54 PM (6TB1Z)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:54 PM (DhGW2)
It doesn't have to get past the house...
//Zombie Richard Nixon Darth Barack's Master...
They'll declare an emergency and fuck up the system for decades.
Posted by: Sven 10077 at January 10, 2014 01:54 PM (TE35l)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 01:54 PM (8ifMA)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:55 PM (DhGW2)
Posted by: dogfish
"Listen, and understand. The Left is out there. It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are dead."
Posted by: weft cut-loop [/i] [/b] at January 10, 2014 01:55 PM (tlwVg)
Posted by: Vendette at January 10, 2014 01:56 PM (HBIUw)
1.Ultimately these terrorists will fail to achieve their goals. Iraqis are a proud people. They have rejected sectarian war. – Barack Obama, August 31, 2010
2. We [withdrew troops] in phases. And because we did it in phases, we were continually able to build up Iraqi forces to a point where when we left the cities, violence didn’t go up in the cities; when we further reduced our footprint, violence didn’t go up. And I have no doubt that that will continue. – Barack Obama, December 12, 2011
3. I am very optimistic about — about Iraq. I mean, this could be one of the great achievements of this administration. – Joe Biden, February 11, 2010
4. The tide of war is receding. The draw down in Iraq allowed us to refocus our fight against al-Qaeda and achieve major victories against its leadership. – Barack Obama, October 21, 2011
5. The last American soldier will cross the border out of Iraq with their head held high, proud of their success. – Barack Obama, from the same October 21 speech.
Posted by: WalrusRex at January 10, 2014 01:56 PM (XUKZU)
Posted by: Hawaii at January 10, 2014 01:56 PM (RJMhd)
Posted by: Mikey NTH -Have a Querulous New Year from the Outrage Outlet at January 10, 2014 01:56 PM (gmoEG)
Posted by: Cicero (@cicero) at January 10, 2014 01:57 PM (8ZskC)
if the Bush has fungus it produces up to 40% more global warming or something....
//Michael Mann
Posted by: Sven 10077 at January 10, 2014 01:58 PM (TE35l)
Same way GM bond holders got screwed.
No, that dog won't hunt. Obama got away with the GM nonsense because he was in the first flush of victory and the shell-shocked GOP was afraid to say anything. And because Pelosi was SOH.
This is a tailor-made, fit to order campaign opportunity, and the GOP, no matter how stupid and venal, won't fail to exploit it.
Posted by: pep at January 10, 2014 01:58 PM (6TB1Z)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:58 PM (DhGW2)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:58 PM (DhGW2)
Posted by: Sean Bannion[/i][/s][/u][/b] at January 10, 2014 01:59 PM (yz6yg)
Evening roonz and roonettez!
Posted by: GGE of the Moron Horde, NC Chapter at January 10, 2014 01:59 PM (yh0zB)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 01:59 PM (DhGW2)
Posted by: pep at January 10, 2014 05:58 PM (6TB1Z)
-----
Excuse me, sir...... may I show you my Comprehensive Immigration Reform plan????
Posted by: Stupid and Venal GOP at January 10, 2014 01:59 PM (nELVU)
Posted by: Hawaii at January 10, 2014 02:00 PM (RJMhd)
Now think back he bailed them out and then shook them down for near dictatorial oversight...
Basically Bark gifted the CEO duties to a heavy donor.
Apply that script to bailouts that will enrage the GOP FiCon wing and have the single payer tards screaming for blood.
Exactly
Posted by: Sven 10077 at January 10, 2014 02:00 PM (TE35l)
Posted by: Hawaii at January 10, 2014 05:56 PM (RJMhd)
I agree single payer has been the Left's intention but I agree with Jackstraw that implementing it will be next to impossible . At least in this decade.
Posted by: polynikes at January 10, 2014 02:00 PM (m2CN7)
These insurance companies remind me a lot of the landlords of flea-bag apartments who love the government's Section 8 housing allowance.
They end up with low-life tenants, but they don't care because their property is a shithole, (but also a cash cow).
Meanwhile, the rest of the neighborhood is diminished because of his shitty property and shitty tenants. Plus, Section 8 is a burden on all the taxpayers, of course. And it's bad govt, and it's bad economics.
These insurance companies in bed with obama don't give a shit about 'the industry' or the shareholders (they'll string them along as long as they can. And then bail out.) The top execs just wanna get paid. Consequences are for everyone else.
Posted by: soothsayer at January 10, 2014 02:00 PM (gYIst)
Posted by: Sean Bannion[/i][/s][/u][/b] at January 10, 2014 02:00 PM (yz6yg)
Posted by: Seamus Muldoon at January 10, 2014 02:00 PM (g4TxM)
oh but those fleabag landlords cry when their shitty tenants trash the place
but that's what they deserve
Posted by: soothsayer at January 10, 2014 02:01 PM (gYIst)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 02:01 PM (DhGW2)
Posted by: GOP at January 10, 2014 02:01 PM (tcK++)
Posted by: AmishDude at January 10, 2014 02:02 PM (T0NGe)
Posted by: Vendette at January 10, 2014 02:02 PM (HBIUw)
Posted by: Mirror-Universe Mitt Romney at January 10, 2014 02:02 PM (DhGW2)
Posted by: Hawaii at January 10, 2014 02:03 PM (RJMhd)
Possibly Seamus, but I suspect he will try to go overt Nixon and not even get the cursory permission Nixon got in the 70s.
People forget who Nixon was, Obama would take it as a point of pride to use that precedent coupled with just whipping out that pen and doing it.
The media would have a throatgasm lasting 4 hours.
Posted by: Sven 10077 at January 10, 2014 02:03 PM (TE35l)
Posted by: Navypopojoe at January 10, 2014 02:03 PM (wPCF5)
Posted by: EC at January 10, 2014 02:04 PM (doBIb)
Posted by: Vendette at January 10, 2014 02:05 PM (HBIUw)
Posted by: Stupid and Venal GOP
I won't pretend that I understand the "thinking" of the idiot Republicans who are pushing amnesty, but if forced to venture a guess, I'd say it's due either to a desire to win Hispanic votes, or the need to be "sensitive" to the poor babies who sneak across our border. They're deluded fools either way.
Bailing out the unpopular insurance companies and by extension he even more unpopular OCare would be so epically stupid that even a GOP buffoon like Miss Lindsey wouldn't consider it. It's an own goal for the Dems. Like I said, I'm as cynical as they come, but there are limits.
Posted by: pep at January 10, 2014 02:05 PM (6TB1Z)
Posted by: oejay44cday at January 10, 2014 02:07 PM (72j65)
Posted by: rld77 a fellow traveler at January 10, 2014 02:07 PM (5M557)
Posted by: JackStraw at January 10, 2014 02:07 PM (g1DWB)
Posted by: bonhomme[/i][/b][/i][/b][/s][/s] at January 10, 2014 02:07 PM (8ifMA)
Posted by: Socrateae at January 10, 2014 02:08 PM (1jViy)
This is a winning policy, folks.
Posted by: Fritz at January 10, 2014 02:10 PM (TKFmG)
Yup...just even more overhead.
The entire Federal trough is ridiculously overhead heavy on "benefits" "administration"...
I am almost to the point I wish the GOP would just say "you know what...fuck it..blank check but here's the deal...they get stipends and have to buy insurance on the private market, and foodstamps are a cash benefit as well."
Foodstamps are like medicare for grocers and they screw with price equilibrium.
Posted by: Sven 10077 at January 10, 2014 02:12 PM (TE35l)
Posted by: Stirner at January 10, 2014 02:12 PM (l1p2K)
Posted by: artisanal 'ette: chili con carne at January 10, 2014 05:11 PM (IXrOn)
(1) The Democrats are delusional - see Nancy Pelosi for example.
(2) Others see the sum of their fears.
What no one seems to mention is that the same crowd who wrote ObamaCare will write any single payer statute, and you can guess exactly how charlie foxtroted it would be. It wouldn't work either, and that is being generous in my predictions.
Posted by: Mikey NTH -Have a Querulous New Year from the Outrage Outlet at January 10, 2014 02:13 PM (gmoEG)
You swallowed the line about more customers through the force of law and now you can bend over and reap what you sowed.
A nice big bailout of insurers is just what Obamacare needs to cement its popularity with Americans.
Posted by: Baron Von Ottomatic at January 10, 2014 02:14 PM (kUgpq)
Posted by: Hawaii at January 10, 2014 02:14 PM (RJMhd)
Posted by: Dack Thrombosis at January 10, 2014 02:15 PM (oFCZn)
Posted by: Hawaii at January 10, 2014 02:17 PM (RJMhd)
Posted by: TheThinMan at January 10, 2014 02:19 PM (9oibK)
we need to stop all bailouts and repeal this crap. Chaos will result no matter what. People will die. That was already put in motion by the psychopath in chief when he decided to play god with the lives of 315 million people.
If you have a good relationship with your doctor, you should already be asking about cash only if the shit hits the fan. Dr's are already making plans for this.
Posted by: what a bastard at January 10, 2014 02:23 PM (TcDKW)
Posted by: Navypopojoe at January 10, 2014 02:25 PM (/y16L)
Posted by: Blacque Jacques Shellacque at January 10, 2014 02:25 PM (G5cc0)
Posted by: Blacque Jacques Shellacque at January 10, 2014 02:31 PM (G5cc0)
Posted by: Kris E. at January 10, 2014 02:32 PM (t+Ftz)
You'll have to beat Obama to it.
Anyway, you're aiming your fire the wrong way. Obama was the one who destroyed your industry, not the people who don't want to go even deeper in debt to buy you out of the wreckage. Think of yourself as one already dead.
Posted by: Emperor of Icecream at January 10, 2014 02:37 PM (ZMzpb)
Posted by: Stirner at January 10, 2014 02:38 PM (l1p2K)
a free market one...
I'd agree to "single payer" if it is limited to catastrophic and the rest of the industry goes to market driven while honoring Medicare recipients until they attrit of the system.
The insurance industry morphed from catastrophic coverage to a monster thanks to Democrat wage freezes over a 15 year period and the rise of HMOs.
Find me someone in love with their HMO
Posted by: Sven 10077 at January 10, 2014 02:44 PM (TE35l)
Posted by: Hawaii at January 10, 2014 02:48 PM (RJMhd)
Posted by: Jukin at January 10, 2014 02:58 PM (WGm5T)
Posted by: Buffalobob at January 10, 2014 03:00 PM (RZBmV)
Posted by: cthulhu at January 10, 2014 03:19 PM (T1005)
Take the long view. We need to be able to survive O-care.
Posted by: Great Reagan's Ghost at January 10, 2014 04:05 PM (LsJAk)
REALLY smart stuff there. Blame the companies for trying to survive - for OBEYING THE FREAKING LAW regarding their fiduciary responsibility to their shareholders!
Throw the shareholders to the wolves! Under the bus, like GM bondholders!
Sorry, this is not a Republican or conservative position. It's a fringe NUT position of populist demagogues.
Posted by: Adjoran at January 10, 2014 06:14 PM (473jB)
Posted by: sexypig at January 10, 2014 07:57 PM (dZQh7)
Posted by: sexypig at January 10, 2014 08:02 PM (dZQh7)
Posted by: sexypig at January 10, 2014 08:04 PM (dZQh7)
You should pay more attention to the news are read ALL the posts. The "companies" as you put it helped write the law and they have been in bed with it from start to finish. So yes, they deserve a LOT of the blame.
Posted by: Vic[/i] at January 10, 2014 08:37 PM (T2V/1)
Posted by: Vic[/i] at January 10, 2014 08:39 PM (T2V/1)
Posted by: Trivial Pursuer at January 11, 2014 03:44 AM (/sohm)
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Posted by: AllenG (DedicatedTenther) Ah, F It. at January 10, 2014 01:04 PM (PYAXX)